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28 January, 2023

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Tag: Financial Reporting Council

Davos resilience

News round-up: this week in governance

Lessons from Davos; companies risk sliding back on ethical practices; economics affects everyone; Sir John Kingman moves to Barclays.

audit reform UK

Audit reform in the UK risks ‘losing momentum’

The Financial Reporting Council still awaits the proposed new statutory powers that would allow it to enforce substantive change.

retail ethics

Retail’s ethical failures top the 2022 list

The retail sector gained more adverse press reports about ethics than any other, reveals research by the Institute of Business Ethics.

Porsche Volkswagen

News round-up: this week in governance

FRC to pursue exam cheats; Porsche Volkswagen disagreement over Blume; FRC sets out stall for 2023 inspections; are you in ‘goblin mode’?

Comply or explain governance

Call to reform ‘comply-or-explain’ element of governance

Academics propose that—if refined—the governance principle and the UK’s code will still be fit for purpose.

Private vs public companies

Stakeholder engagement: it’s time to ditch public vs private

Our radically altered corporate governance landscape, in pursuit of sustainability, requires an updated distinction between types of company.

internal controls

UK boards face internal controls shake-up

The government’s reform proposals include seeking disclosures from many non-financial public interest entities.

FRC audit powers

News round-up: this week in governance

FRC awaits powers for audit reform; CEO transferable skills ‘myth’; Asos cuts CEO bonus; compliance can stifle innovation.

audit reform IIA

Why we need audit reform right now

There is an “urgent need” for reform to the audit landscape as well as internal audit, the Chartered IIA argues.

Tesla sued

News round-up: this week in governance

Musk ‘slept on factory floor’; Tyson Foods CFO arrested; FRC public interest entity definition grows; Japan urged to boost women on boards.

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